On August 6, Gelunhui reported that as of the disclosure date of the announcement, Zhucheng Technology (301280.SZ) received a "Securities Transfer Registration Confirmation" issued by the Shenzhen Branch of China Securities Registration and Settlement Co., Ltd. The 0.9881 million shares of the company's stocks held by the "Zhejiang Zhucheng Technology Co., Ltd. Buyback Special Securities Account" have been transferred non-traded on August 5, 2024 to the "Zhejiang Zhucheng Technology Co., Ltd. - 2024 Employee Stock Ownership Plan". The transferred shares account for 1.01% of the total share capital of the company on the day of the announcement of the Employee Stock Ownership Plan proposal. The transfer price is 19.45 yuan per share.

The duration of this Employee Stock Ownership Plan is 60 months, starting from the day when part of the target stocks are first transferred to the name of the Employee Stock Ownership Plan after the Employee Stock Ownership Plan proposal is approved by the company's shareholders' meeting and publicly announced. Part of the target stocks that are first acquired by the Employee Stock Ownership Plan will be unlocked in three phases, respectively, at the 12th, 24th, and 36th months from the day when the target stocks are first transferred to the name of the Employee Stock Ownership Plan after the public announcement. The proportion of stocks to be unlocked in each phase is 40%, 30%, and 30%, respectively.